Word: dotcom
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...include an estimated $30 billion more in seed capital plunked down by "angels," wealthy individual investors who help get start-ups going before they hit up the VCs. Through the first three months of this year, that feverish pace continued, with VCs doling out $23 billion, mostly to dotcom prospects...
...master public speaking or the nuances of public policy, but he has emerged as more than a human checkbook. A mix of Mister Rogers and Warren Buffett, he talks softly and lives simply in a plain house in Summit. He earned his money the old-fashioned, pre-dotcom way, as one of the most successful, nerves-of-steel bond traders in Wall Street history. A Phi Beta Kappa graduate of the University of Illinois and a former Marine, he worked his way through the University of Chicago's business school and up the ladder at Goldman. Although he lost...
Washington and Wall Street are bedeviled by a specter--the specter of dotcom start-ups and the rise of the nerd class. The fantastic wealth of the new economy and the renegade attitude of its Netizens are deeply upsetting to the old order. The result is a cultural battle illustrated most dramatically by the Microsoft case. Surprisingly, the outcome of this conflict has a lot to say about whether we will still turn pages as we read...
...cypherpunks, like the hippies, love to tilt against windmills. Their most glamorous imaginary weapon is not free speech or free software or even free music. It is free money, anonymous electronic cash and untraceable digital funds, free of all government oversight and laundered over the Internet. Dotcom stocks have turned out to be surprisingly close to this utopian vision. They are rather destabilizing...
...members until the last one wins a million bucks. What makes this fascinatingly different from MTV's The Real World--besides the vermin and the cash--is that although Survivor cast all ages, only three of the 16 were outside the 18-to-49 demo. It was like a dotcom company: the seniors were demographic and cultural outsiders. As the hotties showed off their abs and pierced nipples, ex-Navy SEAL Rudy Boesch, 72, groused about the kids who wouldn't accept military discipline. "I've got to fit in, not them," he admitted. "There's more of them than...